Under contract-accepting backup offers. Welcome to your Punta Paradise investment. We purchased this property in October 2022 when it had not been updated since its original construction. Property Performance: - Annual income Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 We conducted a comprehensive remodel of the entire property, including significant upgrades to each unit: Unit Upgrades: - New roofs - New windows - New doors - New tile floors - New bathroom vanities - New showers - New cabinets and countertops - New appliances - Updated artwork and furniture We also completely redesigned the landscaping throughout the property, transforming this once underperforming asset into an exceptional rental investment. Property Performance: - Annual income -Total reviews: 500+ - Average rating: 4.9 stars -Cap rate 10 Property Details: - 11 units, each approximately 650 square feet All with 1 bedroom, 1 bath, livingroom, dining room, kitchen on the water. - Located on over 2.5 acres of waterfront property along Shell Creek - Amenities include docks, canoes, and kayaks for guests to enjoy fishing and scenery Operational Efficiency: The entire property is managed through Hostaway, a comprehensive software solution - Automatically adjusts pricing based on demand - - Generates unique door access codes for each stay This property represents a great investment with professional management and a cleaning crew to handle any potential issues, making it an great low-maintenance revenue generator
Pending
Price cut: $145K (6/23)
$1,350,000
3269 Duncan Rd, Punta Gorda, FL 33982
10beds
10baths
7,150sqft
Est.:
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$189/sqft
$-- HOA
What's special
New roofsNew appliancesWaterfront propertyNew windowsNew doorsNew tile floorsNew cabinets and countertops
- 140 days
- on Zillow |
- 131 |
- 2 |
Likely to sell faster than
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